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Bank ATM Facility
New
For Sale
$808,500

1392 Torrence Ave, Calumet City, IL 60409

An absolute NNN-leased ATM facility with frontage on Ring Road and Illinois Route 38.

Property Size1,025 SF
Price / SF$788.78
Days on Market2

Property Features for 1392 Torrence Ave

General Information

Standard status Active
Size 1,025 SF
Property subtype Bank
Lease Type Absolute Net

Amenities

6+ Years Remaining on Absolute NNN Lease
4 Drive-thru ATM Lanes
A+ Rated Credit Tenant
2% Annual Rent Increases throughout the Initial Term and in Options

Building Details

Building Size 1,025 SF
Listing Agency: San Francisco Office
Listed By: Rich Merryman · License #License(s): CA: 00934296
Source: Marcusmillichap
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 10:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of San Francisco Office

Investment Insights

Based on property information with market context.

Located at 1392 Torrence Ave in Calumet City, Illinois, the property is a four-lane U.S. Bank ATM operated under an absolute NNN lease. The lease structure places landlord responsibilities at a minimum based on the available property information.

The site occupies a visible position near a major four-way signalized intersection, with frontage along Ring Road and Illinois Route 38. Route 38 provides north-south connectivity toward I-80 and I-94, while Downtown Chicago is approximately 20 minutes north of the property. The location serves both local and regional traffic through its access and arterial-road connections.

Key Highlights

  • Four‑lane U.S. Bank ATM
  • Absolute NNN lease structure
  • Frontage along Ring Road and Illinois Route 38

Property Analytics

Current Use

U.S. Bank Branch Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Garden Center Storage Facility Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby
633k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 30% Shops & Services 23% Superstores 20% Dining 17%
Sam's Club Superstores
126,903 visits/mo 0.3 miles
Macy's Apparel
62,546 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
48,992 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
31,593 visits/mo 0.4 miles
JCPenney Apparel
29,620 visits/mo 0.4 miles

Demographics for 60409, IL

36,045
Population
16,868
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
88%
High-School Grad
7.7 sq mi
ZIP Area
4,681
Density / Sq Mi
$53,991
Median Household Income
$37,389
Median Earnings
$1,138
Median Rent
$133,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - An absolute NNN-leased ATM facility with frontage on Ring Road and Illinois Route 38.
Where is this bank located?
The property is located at 1392 Torrence Ave Calumet City, IL.
What is the asking price?
The asking price for this property is $808,500.
What are key features of this property?
This property features: Four‑lane U.S. Bank ATM; Absolute NNN lease structure; Frontage along Ring Road and Illinois Route 38
More about this property
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